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How to Retain your Executive Director
Manage episode 442944721 series 3540661
Το περιεχόμενο παρέχεται από το The Corley Company, LLC, The Corley Company, and LLC. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον The Corley Company, LLC, The Corley Company, and LLC ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
In this episode, we explore both financial and non-financial strategies to help your organization retain a superstar executive director. One of the key responsibilities of a nonprofit board is hiring, supporting, and—when necessary—replacing the CEO/Executive Director. If you have a top-tier leader, it's crucial to invest in their retention, as they will likely be in high demand elsewhere. With talent being harder to come by, we'll discuss how your board can take action to ensure your executive director stays for the long haul.
Timestamps:
00:00 Retaining Your CEO
01:30 #1 - Pay your CEO appropriately
02:20 #2 - Offer a bonus
02:40 #3 - Benefits and deferred compensation
04:10 Nonfinancial incentives
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
Visit us at: www.thecorleycompany.com/podcast
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